LUNA breakout long

Luna / TetherUS BINANCE:LUNAUSDT

CMSTrading

Price broke ath, retested & made another move higher. After breaking ath, we have seen waves 1,2,3, &4 of an Elliot wave pattern. Price broke ath on 15 min chart in breakout out of flag, & 0.272 fib extension starting wave 5. If Price can hold a bollinger band breakout on 1h and 4h closes (here in 10 min), trade will be confirmed.

Stop loss: Below 0.272 fib, in vpvr of previous flag breakout
Take profit: Just below 125 (psychologically important) and 0.618 fib extension

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